MBA Oil and Gas Management Syllabus and Subjects

Duration: 2 Years
Avg Fees: ₹1 - 10 LPA

MBA in Oil and Gas Management syllabus is divided into four semesters comprising core and elective subjects. The course consists of capstone projects and industry-oriented learning focusing on understanding energy transition strategies, energy trading, renewable energy integration, etc.

MBA in Oil and Gas Management course curriculum prepares students with skills to use IoT, AI, and data analytics in energy operations/industry. And also develops contract management, negotiation, and operations excellence skills.

Table of Contents

Semester Wise MBA in Oil and Gas Management Syllabus

The MBA in Oil and Gas Management syllabus has various subjects such as petroleum contracts and economics, renewable energy, risk management, environmental management, etc. Following is a semester-by-semester breakdown of the MBA in Oil and Gas Management syllabus:

MBA Oil and Gas Management First Year Syllabus

The MBA in Oil and Gas Management syllabus for the first year is based on understanding the dynamics of the energy sector and core management concepts. The following table contains the MBA in Oil and Gas Management syllabus for the first year: 

Semester I

Semester II

Management Principles and Practices

Basics of Supply Chain Management in Energy Sector

Managerial Economics

Business Research Methods

Quantitative Techniques for Business Decision Making

Oil and Gas Project Management

Oil and Gas Industry Concepts

Strategic Planning: Marketing and Innovation

MBA Oil and Gas Management Second Year Syllabus

The second-year MBA in Oil and Gas Management syllabus focuses on advanced and specialisation-based topics like energy transition and green technologies, LNG supply chain management, etc. Below listed is the second-year MBA Oil and Gas Management syllabus:

Semester III

Semester IV

Understanding the Oil and Gas Business

Integrated Asset Management

Carbon Management

Petroleum Law and Policy

Natural Gas Business

Petroleum Retailing Business

Energy Policy and Regulation

Dissertation

Petrochemical Business Overview

Viva 

Summer Internship Program

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Practical Topics in the Second-Year MBA in Oil and Gas Management Syllabus

Some of the practical topics in the second-year MBA in Oil and Gas Management subjects are given below:

  • Energy Analytics and Data Visualization
  • Reservoir Simulation and Modeling

MBA Oil and Gas Management Subjects

MBA in Oil and Gas Management subjects include core and elective subjects with topics such as energy trading and risk analysis, energy finance and investment, etc. Listed below are MBA Oil and Gas Management subjects:

MBA Oil and Gas Management Core Subjects

MBA in Oil and Gas Management core subjects help students understand an overview of the oil and gas industry. Below listed are some core subjects included in the MBA Gas and Oil Management course:

  • Economics & Management Decisions
  • Quantitative Techniques
  • Oil and Gas Project Management
  • Organisational Behaviour
  • Fundamentals of Oil & Gas Business
  • Fundamentals of Petroleum Exploration
  • Energy Economics and Geopolitics

MBA Oil and Gas Management Elective Subjects

The elective subjects included in the MBA Oil and Gas Management course are based on individual interests and future goals to choose from:

  • Advanced IT Applications for the Oil & Gas industry
  • Energy Data Analytics and Digitalization
  • Advance Petroleum Marketing
  • Energy Entrepreneurship and Innovation
  • Understand Petrochemical Business
  • Energy Derivations And Risk Management

MBA in Oil and Gas Management Subjects In Detail

MBA in Oil and Gas Management subjects study in-depth concepts about energy strategies, finance, carbon management, etc. The topics covered by the MBA in Oil and Gas Management subjects are listed in the table below:

MBA in Oil and Gas Management Subjects

Topics

Energy Risk Management

Energy Market and Price Risk, Carbon Risk, Energy Trading, Risk Assessment, etc.

Refining and Petrochemicals

Petrochemical Processes, Safety and Risk Management, Crude Oil Composition and Properties, etc.

Oil and Gas Exploration Techniques

Geological and Geophysical Concepts, Geochemical Analysis, Exploration Risk and Uncertainty, etc.

Energy Economics

Energy Market Structures, Energy Pricing Economics, Energy Subsidies, Investment Analysis in Project Management, etc.

College-Wise MBA in Oil and Gas Management Syllabus

The MBA in Oil and Gas Management syllabus varies per different colleges and universities depending on the program structure or curriculum design. Below listed is the different college-wise MBA Oil and Gas Management syllabus:

IGNOU MBA in Oil and Gas Management Syllabus

IGNOU offers MBA in Oil and Gas Management course in distance learning mode and is recognized by UGC-DEB. Below listed is the IGNOU MBA in Oil and Gas Management syllabus:

Semester I

Semester II

Managerial Economics

Fundamentals of HRM

Basics of Marketing Management

Strategic Management: Innovation and Technology

Marketing Management

Business Research Methods

Understanding Material and Operation Management

Project Management

Quantitative Business Techniques

-

Semester III

Semester IV

Natural Gas Business

Business Law and Policies

Oil and Gas Business Overview

Retailing Business in Petroleum

Understanding PetroChemical Business

Business Strategy

Understanding Petroleum Refining

Project Report/Viva

University of Petroleum and Energy Studies MBA in Oil and Gas Management Syllabus

The UPES offers MBA in Oil Gas and Management with an aim to provide students with career prospects in refinery management, gas business, marketing, etc. Below listed is the UPES MBA in Oil and Gas Management syllabus:

Semester I

Semester II

Basics of Financial Management

Business Research Methods

Fundamentals of Marketing Management

CRM Basics

Understanding Material Management 

Concepts of Strategic Management

Basics of Operations Management

Understanding Contract Administration

Managerial Economics

Project Management

Semester III

Semester IV

Overview of Oil and Gas Business

Business Law: Petroleum

Overview of Natural Gas Business

Policies in Business

Petroleum Exploration Concept

Retailing: Petroleum Business

Understanding PetroChemical Business

Project Report/Viva

Summer Internship Program

-

MBA Oil and Gas Management Project Topics

The students start their research project in the second year of MBA Oil and Gas Management course. Working on projects is primarily intended to ensure that students understand the concepts from an industry perspective. The following are some of the most common MBA Oil and Gas Management projects:

  • How can fracking help solve India’s fuel issues? A systematic review.
  • Project management in the oil and gas sector- review literature
  • An investigation analysis of financial liquidity in the oil and sector-Gulf.
  • A review of the efficacy of quality management systems for Indian oil and gas projects.
  • An ethical debate on oil and gas exploration in world heritage sites reviews from across the globe.

MBA Oil and Gas Management Course Structure

MBA Oil and Gas Management course structure is bifurcated into four semesters focusing on core fundamentals of the oil and gas industry and advanced elective subjects. Below listed are MBA in Oil and Gas Management course structure:

  • IV Semesters
  • Core and Elective Subjects
  • Internship
  • Project Report

MBA Oil and Gas Management Teaching Methodology and Techniques

MBA Oil and Gas Management teaching methodology includes case studies, group projects, and other types of action-based learning in addition to standard lecture-based instruction to increase the effectiveness of instruction. Below listed are a few teaching methodologies included in the course:

  • Case Studies
  • Industry Oriented Workshops
  • Field Trips
  • Seminars
  • Regular Lectures
  • Group Projects

MBA Oil and Gas Management Reference Books

The MBA Oil and Gas Management books give students an in-depth study of their area of concentration in addition to providing a foundational understanding of the course. The following are the reference books for the MBA Oil and Gas Management syllabus:

Books 

Topics Covered

Author 

India's Energy Security: Renewable Options

Energy Demand and Supply, Renewable Energy Policies and Regulations, etc.

Sudha Mahalingam

Energy for Future Presidents: The Science Behind the Headlines

Energy Books, Energy Security and Efficiency, Energy Policy, etc.

R. K. Pachauri

Energy and Civilization: A History

Energy in Pre-Industrial Societies, Fossil Fuel and Modernization, Global Energy Geopolitics, etc.

Vaclav Smil

Oil 101

Geology and Exploration, Future Trends and Challenges, Oil Industry Economics, etc.

Morgan Downey

FAQs

What is the MBA in Oil and Gas Management syllabus?

MBA Oil and Gas Management syllabus includes subjects like energy economics, project management in energy, natural gas and LNG management, etc.

What are the elective subjects in MBA Oil and Gas Management?

The elective subjects in MBA Oil and Gas Management are petroleum economics, energy law and policies, global energy markets, etc.

What are the core subjects in MBA Oil and Gas Management course?

Core subjects in MBA Oil and Gas Management course are strategic management in energy, energy risk management, business communication in energy, etc.

What are the important books for MBA Oil and Gas Management second year?

Important books for MBA Oil and Gas Management second year are Oil and Gas Law in a Nutshell by John S. Lowe, The Oil & Gas Industry: A Nontechnical Guide by Joseph Hilyard, etc.

What are the trending research topics for MBA in Oil and Gas Management courses?

Some of the trending research topics are the Effect of Digital Transformation in Energy Operations, Study on Market Analysis and Forecasting in Oil and Gas, etc.

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